Phuoc & Partners Vietnam Company Law

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+84 (28) 3622 3522

What are the consequences if I am unable to pay your law firm’s service fee promptly in accordance with those stated in the fee quote/legal service contract?

If you are unable to pay our service fees on time, a penalty for late payment of 0.05% per day will be automatically applied for the total amount of payment delayed from that point of time. If the duration of payment delay is more than 30 days from the date of issue of the invoice, we will remind you 3 times in the next 30 days. However, in case the amount of the service fee has not been paid and we will not have received any positive feedback from you, we have no other choice but to consider seeking a favourable judgment from a competent court and ask a competent judgment execution agency to enforce the court judgment to recover our debts.